Freight forwarders – Page 16
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NewsRhenus takes aim at Central Europe growth with latest acquisition
Source: RhenusRhenus has continued its recent investment spree with the acquisition of Hungarian freight forwarder ITS Logistics Hungary KFT.The Germany-headquartered firm said that the purchase would consolidate its foothold in Central-East Europe following the integration of Croatian logistics provider Trans Integral.ITS Logistics Hungary KFT is based in Vecsés on the ...
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Geodis reduces airfreight network following market downturn
Freight forwarder Geodis is reducing the size of its air cargo network in light of the recent market downturn.The company was one of many forwarding companies to partner with an airline to set up its own air cargo operation during the Covid-pandemic to provide customers with capacity in response to ...
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Flexport adds new end-to-end e-commerce tool
Flexport has launched a new e-commerce tool for online firms that allows them to manage the supply and delivery of goods.The freight forwarder, which last week saw chief executive Dave Clark suddenly leave his role, said the new tool offers stock replenishment directly into Fulfillment by Amazon (FBA), Walmart Fulfillment ...
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NewsNine flights chartered by deugro for urgent pipe spool transport
Source: deugroFreight forwarder deugro chartered nine flights to urgently transport 37 pipe spools between Thailand and the US for the start-up of a new facility.The components being transported had a total volume of 213 tonnes (1,628 cu m) and needed to be transported by road at both ends of the ...
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Röhlig Logistics achieves CEIV lithium batteries
Röhlig Logistics' US business has achieved IATA Center of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification for its branches in Chicago and New York.Röhlig USA said that to achieve the certification it had to pass a lengthy certification process consisting of in-depth employee training, on-site assessments and a ...
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NewsDSV partners with Qatar on flights targeting oil and gas sector
Source: DSVDSV has partnered with Qatar Airways Cargo on flights between Mexico, the US, Europe and the Middle East to cater for the oil and gas industry.The twice-weekly flights are part of DSV's air charter network and operate between Mexico City and Doha via Huntsville and Luxembourg."This route also has ...
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Flexport withdraws 75 job offers after sudden Clark exit
Flexport is rescinding job offers for more than 75 people after they were offered positions during a hiring freeze just a day after chief executive Dave Clark suddenly left the firm.The company's returning chief executive, Ryan Petersen, said in a social media post that the company was "rescinding a bunch ...
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Petersen back at Flexport as Dave Clarke departs
Ex-Amazon executive Dave Clark has left his role as chief executive of Flexport with Ryan Petersen stepping back in to run the company.Clark took up the role in September 2022 as the forwarder looked to expand in e-commerce and fulfillment.In a social media post, Clark said that Petersen had changed ...
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NewsIcelandair Cargo joins US Airforwarders Association
Gunnar Mar Sigurfinnsson, Icelandair Cargo. Source: AfAIcelandair Cargo has joined the US Airforwarders Association (AfA) as the organisation looks to add Europe-based companies with a US office.The AfA said that the carrier had joined the organisation as it embarks on an expansion of its network in the US.The carrier will ...
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NewsK+N expands pharma space in Chicago
Source: Kuehne+NagelKuehne+Nagel has opened an expanded pharma area at its facility in Chicago.The Switzerland-headquartered forwarder's new temperature-controlled unit measures 21,000 sq ft and can cater to products requiring storage at a temperature range of 2-25°C.The expansion follows the forwarder's move from Elk Grove Village to Bensenville earlier this year, which ...
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NewsHellmann acquires Italian partner as it looks to Mediterranean expansion
Jens Tarnowski, Daniela Coppola and Andreas Lamping, Hellmann. Source: HellmannHellmann Worldwide Logistics is taking over its Italian partner as it continues to expand its European operations.Milan-based Hellmann Italy employs approximately 70 people at six locations and has been providing air and seafreight services to Hellmann since it was founded in ...
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NewsRhenus targets nearshoring with LATAM investments
Source: RhenusFreight forwarder Rhenus Group has expanded its presence in Latin America with the purchase of BLU Logistics and the acquisition of a majority stake in LBH Group.The German firm said that the acquisition of Colombia-based BLU would expand its presence in Argentina, Colombia, Ecuador, Mexico, Paraguay and Uruguay as ...
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InsightsFowarder focus: LA's long-awaited air cargo development
Image: Michael Rosebrock/shutterstockAfter much industry anticipation, Los Angeles World Airports is set to construct and implement its new Cargo Modernization Program at Los Angeles International Airport (LAX).This initiative is a welcome development, as forwarders know that LAX's current cargo facilities are outdated and no longer compatible with industry standards.The new ...
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Capacity up but demand remains depressed, says DHL
Demand remains low with minimal growth while global capacity has increased by 12% year on year, said DHL Global Forwarding in its Air Freight – State of the Industry report for August.While only a ‘conservative’ increase in volume demand is expected in the 2023 late-year peak season, most airlines have ...
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NewsDimerco teams up with Cathay Cargo to pilot new Air-Sea solution
Photo: DimercoFreight forwarder Dimerco has partnered with Cathay Cargo to carry out the pilot operation of a new Air-Sea solution transporting shipments from Singapore to Dongguan, China via Hong Kong.Dimerco developed the Air-Sea solution to provide a faster alternative to the Air-Truck service mode. This new initiative is designed to ...
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NewsDHL Global Forwarding announces leadership changes in Asia Pacific
L-R Karsten Michaelis, Edwin Pinto, Praveen Gregory. Source: DHL Global Forwarding via Media OutreachDHL Global Forwarding has announced three leadership changes in Asia Pacific with the upcoming retirement of Kelvin Leung and Charles Kauffman.Karsten Michaelis takes over from Charles Kauffman as president/representative director, DHL Global Forwarding, Japan.Edwin Pinto has been ...
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UK moves to a phased approach for export declaration switchover
UK customs has announced it will now adopt a phased approach to the rollout of its new system for export customs declaration.The new phased approach means that selected high-volume exporters will move from the existing system, CHIEF, to the new Customs Declaration Service (CDS) by November 30.However, all other businesses ...
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Ascent Global Logistics acquired by investment firm
Time-critical logistics firm Ascent Global Logistics has been acquired by an investment firm hoping to capitalise on increasingly complex supply chains.The Michigan-headquartered firm has been bought by an affiliate of investment firm HIG Capital from Elliott Investment Management.Ascent’s management team will remain shareholders in the company and Elliott has also ...
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Rhenus urges UK exporters to prepare for new customs system
Freight forwarder Rhenus has warned UK exporters to prepare for the switchover to a new customs declaration system in the coming months to avoid delays to shipments.On November 30, the UK will switch from the existing CHIEF system to the new Customs Declaration Service (CDS) for exports.The switchover for imports ...
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NewsEuropa Air & Sea expands into India
Source: Europa Air & SeaFreight forwarder Europa Air & Sea has opened an office in Delhi as it expands into the Indian subcontinent for the first time.The new office is led by general manager Nathan Lynn, as well as five others, including sales manager Sumit Pruthi, and is in the ...